More Good News From the Bad


Here is another answer to questions about Ecuador.

Dear International Friend,

Our last message provided answers from a businessman (travel agency and Spanish school) to the question sent to us from a reader below.

Gary;

With the events of 9-11, everything everywhere has been shook up to some degree. I think it would be of interest for some words on how Ecuador is faring. Is tourism down? Any effect on real estate prices yet? Are the exports holding up? Any new laws we need to be aware of as strangers in a strange land? Have attitudes towards Americans changed? Are the new airport and pipeline initiatives still on track, or have they been delayed? Is the inflation rate still continuing to go down? Is the new president still able to get any reform measures in place/ Does he still have a chance to win the election next year? Is the war with Peru really over?…

This second reply is from a hotel manager in Quito whose opinion I trust very much .

"Dear Gary,

I can send you answers of some of the questions:The war with Peru is really over and I saw yesterday a report where the public was asked if they experience a change in the quality of relationship between Ecuador and Peru and about 70% answered that they feel that the relations are more solid, honest and bring more business for both of them.

Real estate business is very low because the prices for the moment are to high and Ecuador is living a situation of recession. Export products like shrimps, bananas and specialy petrol are very affected.

Tourism is low but I think this depends more from the high exchange rate of the dollar in Europe.

No new laws for strangers and the attitude towards americans didn'tchange. If there is a feeling it's more solidarity becauseon the one hand Ecuadorians are very peaceful and on the other hand a lot of Ecuadorian people died in this absurd attack in the Twin Towers.

The president can't win the next elections because Ecuadorian laws forbids that a president can be reelected.

Regards, Liisa"

I am finishing our International Business Made EZ course in Orlando on November 4th and then fly to Quito and Guayaquil November 6th to look at real estate and a teak Plantation.

As our electronic service has grown we have come to realize that some of our messages appeal to all readers but that some messages appeal only to just a few. To give the utmost respect for your time (we know how many messages you probably receive) we have added a selection system to our service so you can customize which messages you receive.

Currently we are sending a general investment or economic message every other day to everyone, so we are assuming that you would like to continue this as a subscriber of International Investing Made EZ. On alternative days we have divided our messages into the following categories.

  • Who are the Controllers: Who in positions of power are likely to take advantage at our expense and what can we do about it?
  • Ecuador: How to live like royalty in the sun on a peasant's budget, do business, buy real estate, visit, invest and live in Ecuador.
  • Global Health Tips: on health, vitality and longevity Merri and I have picked up in our global travels.
  • Inspired Investing: Thoughts about wealth beyond money.
  • Business Made EZ: How to start or expand your own full or part time business.
  • The Ultimate Loophole: Tips on how to gain more tax benefits and asset protection.
  • Travel and Adventure: Sharing what we see and learn as we go.

There is a link so you can subscribe (free) to any of these services at the end of this message which is part of our Ecuador service. To receive further messages about Ecuador be sure to subscribe to the Ecuador service.

Until next message, good global business and investing,

Gary


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